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Antalya Homes Accepts Bitcoin for Property Sales in Turkey

Antalya homes accepts bitcoin for property sales in turkey

Antalya Homes Accepts Bitcoin for Property Sales in Turkey

Antalya homes accepts bitcoin for property sales in turkey

All over the world, the real estate industry is taking note of how profitable it is to sell real estate with bitcoin. For example, leading Turkish real estate agency Antalya Homes reports that it sold nine properties using bitcoin as payment in 2018. 

Buying Real Estate with bitcoin Allows Buyers to Avoid Transaction Friction Losses

Accepting cryptocurrencies reflects Antalya Homes’ mission of embracing global trends by offering buyers “more flexibility for ease of purchase.” In the press release of March 5, 2019, Bayram Tekce, Chairman of Antalya Homes stated:

Payment with cryptocurrency enables a more reliable and faster transaction performance such as money transfer between bank accounts without any exchange loss. It is very profitable to purchase real estate for those who want to utilize their cryptocurrency investments in the real estate sector.

Antalya Homes accepts bitcoin (BTC), Ripple (XRP), bitcoin Cash (BCH), and Ethereum (ETH) as payment for property sales.

Tekce also indicated that — given that the housing market in countries like Turkey continues to increase in value — by using cryptocurrencies, “investors can shift their investment to a less risky and safer area, and multiply their savings.”

The Antalya Homes website explains that, given the volatility of the value of the cryptocurrencies, the exact amount of cryptocurrency required for the payment is calculated using the exact stock exchange value at the time of the payment. Moreover, buyers have the option of paying just a percentage with bitcoin and the rest with fiat currency.

Real Estate Sales in bitcoin are Increasing in Popularity

Buying property with bitcoin is becoming trendy all other the world. In addition to Turkey, homes have been purchased using bitcoin in Dubai, the UK, and in several US states, such as California, Florida, and Delaware.

Even palaces are for sale in bitcoin. For example, Rick Hilton, Chairman of Hilton and Hyland, offered a Roman mansion, called the Palazzetto, for USD 38 million through a bitcoin auction.

Indeed, it is now possible to use bitcoin to buy a home, farm, acreage, or vacation property almost anywhere on the planet. For example, bitcoin Real Estate offers a site where sellers can showcase their property across the globe. bitcoin Real Estate says:

We are here to promote the use of bitcoin for purchasing real estate. You can sell your property, and the buyer pays in bitcoin digital currency then you receive US Dollars, Euros, etc.

What do you think about using bitcoin for real estate transactions? Let us know in the comments below! 

Images courtesy of Twitter/@Antalyahomes, Shutterstock.

Published at Thu, 07 Mar 2019 07:00:01 +0000

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Bitcoin Market Share Drops Almost 20%; Altcoins Stronger Than Ever

In an increasingly growing market, bitcoin market share dominance is fading every day of 2017. As market fears of a hard fork continue to fester, a manic Monday saw bitcoin drop under $1,000, as altcoins grow stronger than ever before.

Why don’t we start with some good news first? The overall decentralized digital currency market has never been bigger and stronger, judged by market capitalization value

Since the start of 2017 alone, the overall industry has risen from $18.2 Billion USD in value to a peak of $26.2 billion USD on March 16th, according to CoinMarketCap. As of this morning, it is $23.5 billion, still an improvement of almost 30% since the first of the year.

THE ALTCOINS ARE COMING!

Clearly, the market fears of a hard fork are causing many to diversify their digital currency portfolio over the last month or so. Ethereum’s Ether is the largest altcoin on the market, and its value has taken another jump this morning. With Bitcoin down almost 7% on Friday morning, Ethereum is picking up the slack, up almost 15%.

bitcoin market share

Ethereum’s gain may be two-fold, with some Bitcoiners moving in and also with the announcement of their newest partnership with Brave yesterday. As we reported yesterday, Ethereum will create BAT (Basic Attention Tokens) for the Brave internet browser network to enhance the privacy and relevance of their ad network, so this new investment may be as much a pro-Ethereum move as an anti-bitcoin dump.

Dash & Ripple Bagholders Rejoice

Dash continues to show that it is the safe haven hedge to any bitcoin market fall. Every time bitcoin falls, Dash gains, and the altcoin passed $105 again this morning with a market cap eclipsing $750 Million. Ripple, the #4 altcoin in market cap, is also having a field day, as the week comes to an end. Ripple is gaining in the neighborhood of 20% on the market just within the last 24 hours.

Ripple XRP Bitcoinist

In closing, bitcoin has lost almost 20% of its global market share since January 1st, 2017, falling from 87.4% to just 68% this morning.

The half-glass-full was of looking at it is people are no longer taking their money out of the digital currency market if bitcoin stumbles. They are getting other digital currencies, which overall is a great thing.  the ecosystem is growing every day. And clearly, the mainstream is also investing more and more into the entire industry.

I’ll skip the pessimistic side of the equation. It’s Friday, people! Have a great weekend!

Will bitcoin honey badger regain lost ground? Share your predictions below! 

Image courtesy of CoinMarketCap, Shutterstock

The post Bitcoin Market Share Drops Almost 20%; Altcoins Stronger Than Ever appeared first on Bitcoinist.com.

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